Filling Lily Donaldson's shoes, Emma Watson, 19, will be the face of Burberry. Said designer Christopher Bailey: "Her charm and intellect and brilliant sense of fun made the whole shoot feel like a picnic on the Thames." [Telegraph]

Celebrities: They're Better Than Us! Their World Environment Day parties may be sponsored by Lexus and hosted by Stella McCartney's West Hollywood store, but when it gets down to it, their commitment to the greening of the planet is breathtaking: "I grow my own food and I'm trying to figure out how to make my own fuel," remarked Darryl Hannah. Emily Deschanel said she celebrated the day as follows: "I ate vegan meals. I drove my hybrid. I used environmentally efficient lightbulbs. The list is endless." Endless. (What's on your list, huh?) Rosario Dawson, for her part, "didn't use plastic bags at the farmers' market." There are levels of virtue to which we, mere mortals, cannot aspire. [Style.com]

British accessories designer Lulu Guinness wore a purple dress with googly eyes on it to the 20th anniversary party of her label. We're still waiting to see her make the Hamburgler look hot. [The Cut]

Elle MacPherson, whose Notting Hill home has been on the market for more than a year without attracting a buyer, has slashed its price by £2 million. The seven-story house is now available at the bargain price of £7.5 million. [Daily Mail]

Peaches Geldof was apparently having a sleepover with Courtney Love, and decided to Twitter their little tête-à-tête. Including a reference to Love's rumored new clothing line, which, and we repeat the source here is Peaches Geldof's Twitter, supposedly includes such touches as "cotton ribbed body suits," "cashmere harem pants" and "stitching a ruby into every outfit." [Grazia]

Naming your label "Comme des Garçons" ("Like boys") is one thing, but we never thought that actually meant Rei Kawakubo had anything against women per se. And yet: "I never felt my work had anything to do with being a woman," said the designer. "I am not a feminist. I was never interested in any movement as such. I just decided to make a company built around creation, and with creation as my sword, I could fight the battles I wanted to fight." [IHT]

Christian Lacroix, who has been designing for the bankrupt fashion house that bears his name without pay for months now, has made the sad announcement that when the company leaves bankruptcy court, all that may remain is a licensing operation. With no couture. (This despite the fact that the lower-priced lines Christian Lacroix Jeans and Bazar were hemorrhaging money, and have already been shut down.) Couture is so much the essence of the Lacroix fashion identity that we shudder to think of the name existing only to brand sunglasses and perfumes, like a revenant. One of his couture clients offered to buy the company and its debts, but Lacroix turned her down. [WWD]

In a step towards vertical integration, Hermès C.E.O. Patrick Thomas announced the company is now breeding its own crocodiles. Not to release upon its enemies — one chomp and you're dead meat, Prada It-bag — but to speed up their production of exotic skin bags, which fetch up to $48,000, or some of the highest prices of any of their accessories. How are crocodiles farmed, you ask? Very carefully! In separate crates, to stop them biting each other and damaging their hides. "It can take three to four crocodiles to make one of our bags so we are now breeding our own crocodiles on our own farms, mainly in Australia," said Thomas. Hermès' leather goods division has continued to see robust demand for its products during the downturn. The company even added another 50-100 leather workers to its staff of 2,000 France-based craftspeople so far this year. [Reuters]

Also chasing the tippety-top of the market: Saks Fifth Avenue. The troubled retailer is set to open its $30 million designer showcase floor, which will be filled with the likes of Chanel, Oscar de la Renta, and Armani. No doubt the pieces will be chosen very carefully, to avoid a repeat of last Fall's debacle. [WWD]

What does an American Apparel store in China look like, you wonder? Just like one in SoHo, only empty. [Racked]

Starting July 5, Neiman Marcus will shorten the opening hours of half of its 40 stores. [WWD]

Even after offloading J. Jill to a private equity fund for a quick $75 mill, all is far from well at Talbots. The retailer just announced its quarterly results, and it lost $23.6 million, on the back of same-store sales that fell by 26.9%, during the period ended May 2. It plans to eliminate a full 20% of its workforce. Three hundred and seventy corporate-level workers were already laid off in February. [Forbes]